Ethiopia: Sugar Production Grows Slowly due to Construction Delays and Drought
With increased processing capacity and better weather conditions expected to prevail, sugar production is forecast to climb to 370,000 metric tons in MY16/17 (May-Apr). MY15/16 production, while up year-over-year, was lower than expected because of the drought and factory construction delays. Sugar consumption, which is growing at a fast clip, continues to outstrip sugar supplies, making imports necessary. Imports are projected to grow year-over year, reaching 350,000 metric tons in MY16/17
Ethiopia: Sugar Production Grows Slowly due to Construction Delays and Drought